The company's predecessor was Huangyan Municipal Engineering Company. In August 1995, it was approved by the Zhejiang Provincial People's Government, and the company passed the restructuring of the former Huangyan Municipal Engineering Company. This was the first joint stock company in Zhejiang Province funded by a natural person and the only joint stock company established with the approval of the provincial people's government. The company's main business is infrastructure construction. The company's main products are municipal engineering (including rail transit, etc.), infrastructure such as highways and bridges, and housing construction. Company honors include “Excellent Engineering Quality Enterprise”, provincial key enterprises, and leading enterprises in the construction industry in Taizhou.